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Senators Target Flood Risk Models, Cat Bond Expansion
A Congressional inquiry into NFIP reauthorization explores expanding catastrophe bond usage and opening FEMA's proprietary flood risk models to third-party review.
Schiff Introduces Bill For a $50B Federal Catastrophe Reinsurance Program
Schiff, who is also the leading Democratic candidate for Senate, joined other progressives in calling for a federal all perils backstop.
FEMA’s Disaster Fund Is Getting Drained Faster Than Ever
Stronger storms are draining federal government’s fund used to respond to natural disasters at a record pace.
Flood Insurance Privatization Push a Political Priority
Congressional conservatives are reigniting their push to expand the private market into the U.S. flood insurance, including reintroducing a